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OBR Predict fall in House prices in 2023 Economics Help from www.economicshelp.org
In 2025, we expect a more stable rate of inflation, broadly or slightly above the target In terms of price growth, London has lagged behind the rest of the UK in recent years
OBR Predict fall in House prices in 2023 Economics Help Political and economic factors, including any changes to housing policy, taxation, or interest rates, could still influence market dynamics significantly. This, coupled with 100bps of base rate cuts, will be positive for the economy and we forecast growth of 1.8% In 2025, we expect a more stable rate of inflation, broadly or slightly above the target
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